Property profile

250 Dominion Dr Morrisville, NC 27560

OFF-MARKET
Office buildings
Property ID
US53-1611117
8,000 SF 0.75 ac lot Built 1996
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 8,000-square-foot freestanding office/flex building in Morrisville, North Carolina, presents a unique opportunity for a single tenant. Located at 250 Dominion Drive, in Wake County, zip code 27560, this property offers immediate occupancy. The building's versatile design caters to a variety of business needs, making it ideal for companies seeking executive office space or a flexible workspace. The entire 8,000 square feet is currently vacant, providing ample room for customization and expansion. The property type is classified as both Office and Industrial, reflecting its adaptability. Parking is readily available, with a ratio of approximately 3.25 spaces per 1,000 square feet. The building's single-tenant occupancy ensures privacy and control over the entire space. Its location in Morrisville offers easy access to major transportation routes and amenities, making it a highly desirable location for businesses. This is a rare opportunity to secure a substantial, immediately available property in a thriving North Carolina market. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1996
Construction BRICK
Total area 8,000 SF
Lot 0.75 ac (32,670 SF)
Zoning code IM
APN 0756.04-61-1424 0163461
UPID US53-1611117

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Arcade & Gaming Center

Location

250 Dominion Dr Morrisville, NC 27560-8915
Morrisville metro Census 53609 RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.34M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$1.36M

Owner & transaction history

since 2025
Last sale
$1.8M
4 recorded transactions
2025
$1.8M
2022
Price N/A
2021
$1.4M
2011
Price N/A

Zoning & alternative use

IM · Morrisville, NC
Zoning description

The Industrial Management District accommodates industrial uses for example manufacturing, distribution, wholesale operations, warehouses, research facilities, flex space, and business parks that are compatible and integ…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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